Sticky information and sticky prices

134 citations recorded by the source corpus.

Citations in the corpus

Are Sticky Prices Costly? Evidence from the Stock Market (2016, unknown): “Midrigan, V. (2011). Menu costs, multiproduct firms, and aggregate fluctuations. Econometrica 79 (4), 1139–1180. Nakamura, E. and J. Steinsson (2008). Five facts about prices: A reevaluation of menu cost models. Quarterly Journal of Economics 123 (4), 1415–1464. Nakamura, E. and J. Steinsson (2013).”
The Sources of Capital Misallocation (2019, unknown): “The responsiveness to lagged fundamentals, ρ k , a − 1 , is used by Klenow and Willis ( 2007 ) to quantify information frictions in a price-setting context.”
Lumpy Price Adjustments: A Microeconometric Analysis (2011, unknown): “Following Sims (2003) and Mankiw and Reis (2006), a third group of models has recently emerged that explain price stickiness by the costs of information acquisition and/or by the noise that can affect the information collected by firms about their environment (e.g., see Eichenbaum and Fisher 2007; K”
Inattentive professional forecasters (2013, unknown): “Finally, our work is related to Klenow & Willis (2007) and Maćkowiak et al. (2009).”
Testing the Sticky Information Phillips Curve (2010, unknown): “Khan and Zhu (2006) directly estimate the structural parameters of the sticky information model applied to price setting and conclude that the evidence is not inconsistent with firms updating their information approximately once a year.”